Most of us have been through the unfriendly process following the purchase and financing of a new home. You are merely "informed" of the costs, where you need to go to, or where to sign what.

That is not all, the last document you have to sign to obtain the bond, contains the phrase about the compulsory insurance. Since you receive this document from an attorney, you understand that he is serious and that he understands the "compulsory" nature of it. To top all of this, we're all too familiar with the stories about claims being repudiated due to reasons such as latent defects, or structural deficiencies or poor maintenance.

Still, the rocky road does not end here - the horror stories of contractors not fulfilling a contract when you do renovations or maintenance, or quotations that turn out to contain various "not quoted for" elements. To find a prospective service provider is easy, but what guarantees do you have that this company will deliver quality, within the timeframe promised, at the original quoted costs?

…so what does Hemisphere actually do?